Construction output in South Korea fell 1.1% year-on-year in April 2022, following a 5.2% decrease in the previous month. Output declined for the third consecutive month as a sharp fall in the value of building (-1.5%) outweighed a slight gain in the value of civil engineering (0.3%). source: Statistics Korea

Construction Output in South Korea averaged 1.26 percent from 1998 until 2022, reaching an all time high of 26.40 percent in November of 2016 and a record low of -30.50 percent in August of 1998. This page provides - South Korea Construction Output- actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Construction Output - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.

Construction Output in South Korea is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea Construction Output is projected to trend around 3.20 percent in 2023, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
South Korea Construction Output



Calendar GMT Actual Previous Consensus TEForecast
2022-04-28 11:00 PM Mar -7.3% -4.6% -13.1%
2022-05-30 11:00 PM Apr -1.1% -5.2% 7.5%
2022-06-29 11:00 PM May -1.1% 1.5%


Related Last Previous Unit Reference
Construction Output -1.10 -5.20 percent Apr 2022
Construction Orders 8331951.00 6255662.00 KRW Million Apr 2022
Home Ownership Rate 58.00 57.70 percent Dec 2019

South Korea Construction Output
In South Korea, construction output refers to year over year change in the value of construction completed including building construction and civil engineering.
Actual Previous Highest Lowest Dates Unit Frequency
-1.10 -5.20 26.40 -30.50 1998 - 2022 percent Monthly
NSA

News Stream
South Korea Construction Output Slips Further
Construction output in South Korea fell 7.3% year-on-year in March 2022, following a 4.6% decrease in the previous month. Output slipped further to its lowest since November as both building (-4.2%) and civil engineering (-14.5%) contracted.
2022-04-29
South Korea Construction Output Slumps in February
Construction output in South Korea fell 4.7% year-on-year in February 2022, following a downwardly revised 6% gain in the previous month. Output turned negative for the first time in three months as both building (-1.3%) and civil engineering (-14.1%) contracted.
2022-03-31
South Korea Construction Output Rises Further in January
Construction output in South Korea rose 6.8 percent year-on-year in January of 2022, following a revised 0.5 percent gain in the previous month. Output increased for a second straight month as both civil engineering (1.0 percent vs -9.1 percent in December) and building activity (8.8 percent vs 5.6 percent) expanded.
2022-03-01